2015-05-20T14:22:07-05:00 2014-06-30 593651466 CROSS FERNANDEZ & RILEY LLP 201 S ORANGE AVE SUITE 800 ORLANDO FL 328013421 990 2013-07-01 590704726 BETHUNE-COOKMAN UNIVERSITY INC BETH 3864812030 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 321143099 SHELLY RICE ACTING VP FISCAL AFFAIRS 3864812030 2015-05-15 1 ANNE MCHUGH CPA P00546302 4078416930 2013 2016-02-25 16:41:14Z DR EDISON JACKSON 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 321143099 92066327 0 X WWW.COOKMAN.EDU X 1904 FL TO SERVE THE EDUCATIONAL, SOCIAL, AND CULTURAL NEEDS OF ITS STUDENTS. 37 37 1323 0 0 0 12197365 12306054 68612283 75631554 3058869 3196675 581790 822196 84450307 91956479 14843779 16020063 0 0 36605844 36892083 0 0 1287420 32949353 39298675 84398976 92210821 51331 -254342 148689074 149114468 32484225 29106649 116204849 120007819 X TO SERVE THE EDUCATIONAL, SOCIAL AND CULTURAL NEEDS OF ITS STUDENTS. 0 0 18416453 54252078 INSTRUCTION: BETHUNE-COOKMAN UNIVERSITY OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN 37 MAJOR AREAS, THROUGH SIX MAJOR DIVISIONS; SCHOOL OF BUSINESS, EDUCATION, LIBERAL ARTS, HEALTH SCIENCES, SCIENCE/MATHEMATICS AND SOCIAL SCIENCES. THE UNIVERSITY ALSO OFFERS THREE MASTER'S DEGREE PROGRAMS. 16020063 16020063 STUDENT AID: GRANTS AND SCHOLARSHIPS WERE PROVIDED TO STUDENTS BASED ON ACADEMIC,ATHLETIC ACHIEVEMENT AND FINANCIAL NEED. THE UNIVERSITY ALSO PARTICIPATES IN VARIOUS FEDERAL AND STATE PROGRAMS OFFERING FINANCIAL AID TO STUDENTS. 17695805 21047111 AUXILIARY SERVICES: THROUGH ITS FOOD SERVICES DEPARTMENT, MEAL PLANS ARE PROVIDED FOR STUDENTS LIVING ON CAMPUS. A CAFETERIA, IN ADDITION TO A STARBUCKS CAFE AND WORLD OF WINGS ARE ALSO AVAILABLE FOR OFF-CAMPUS STUDENTS, FACULTY AND VISITORS. VARIOUS ATHLETIC PROGRAMS ARE ALSO OFFERED FOR STUDENTS. THE UNIVERSITY ALSO MAINTAINS SEVEN RESIDENCE HALLS THAT PROVIDE FULL LIVING FACILITIES FOR APPROXIMATELY 1800 STUDENTS. ALL RESIDENCE HALLS ARE CONNECTED TO THE INTERNET. THE BOOKSTORE OFFERS TEXTBOOKS AND OTHER SUPPLIES FOR THE STUDENTS. 9562513 STUDENT SERVICES: STUDENTS ARE INVOLVED IN A VARIETY OF CULTURAL AND SOCIAL PROGRAMS TO ENRICH THEIR EDUCATIONAL EXPERIENCES. SUPPORT FOR STUDENTS WITH LEARNING AND PHYSICAL DISABILITIES ARE ALSO PROVIDED. VARIOUS COMPUTER LABS AND A 24-HOUR LIBRARY ARE OPEN TO ALL STUDENTS TO SUPPORT THEIR EDUCATIONAL EXPERIENCE.BETHUNE COOKMAN UNIVERSITY ALSO HAS A ROTC OFFICE AVAILABLE TO STUDENTS. 9562513 61694834 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 174 0 1 1323 1 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 3864812030 640 DR MARY MCLEOD BLVD DAYTONA BEACH FL 32114 BYRD BONNER ESQUIRE TRUSTEE 0.00 X 0 0 0 JACOB F BRYAN IV TRUSTEE 0.00 X 0 0 0 JUDGE PRINCE CARTWRIGHT TRUSTEE 0.00 X 0 0 0 AUDLEY COAKLEY TRUSTEE 0.00 X 0 0 0 JOYCE CUSACK TRUSTEE 0.00 X 0 0 0 DR ROBERT M GIBBS TRUSTEE 0.00 X 0 0 0 LARRY R HANDFIELD ESQUIRE TRUSTEE 0.00 X 0 0 0 JOHN WESLEY HARRINGTON TRUSTEE 0.00 X 0 0 0 DOROTHYE HENDERSON TRUSTEE 0.00 X 0 0 0 WILLIAM E HOGAN II TRUSTEE 0.00 X 0 0 0 KEVIN M JAMES SR TRUSTEE 0.00 X 0 0 0 IRVING J MATTHEWS TRUSTEE 0.00 X 0 0 0 JOHNNY L MCCRAY JR TRUSTEE EMERITI 0.00 X 0 0 0 JOYCE ODONGO TRUSTEE 0.00 X 0 0 0 JOE PETROCK TRUSTEE 0.00 X 0 0 0 LEE E RHYANT TRUSTEE EMERITI 0.00 X 0 0 0 MADELINE SCALES-TAYLOR TRUSTEE 0.00 X 0 0 0 TIMOTHY WALKER TRUSTEE EMERITI 0.00 X 0 0 0 ETIENNE R ET WINZER TRUSTEE 0.00 X 0 0 0 EUGENE ZIMMERMAN TRUSTEE 0.00 X 0 0 0 NELSON L ADAMS TRUSTEE 0.00 X 0 0 0 WILLIAM S BARNES TRUSTEE EMERITI 0.00 X 0 0 0 ROBERT L BILLINGSLEA TRUSTEE 0.00 X 0 0 0 ARTHUR R BRINSON TRUSTEE 0.00 X 0 0 0 JOHN DOUGLAS TRUSTEE 0.00 X 0 0 0 JOYCE A HANKS-MOOREHEAD TRUSTEE 0.00 X 0 0 0 LINDA F WELLS ESQUIRE TRUSTEE 0.00 X 0 0 0 BURNEY BIVENS TRUSTEE EMERITI 0.00 X 0 0 0 MATTHEW L BROWN TRUSTEE EMERITI 0.00 X 0 0 0 LEE BRYAN TRUSTEE EMERITI 0.00 X 0 0 0 ROBERT C CARTER TRUSTEE EMERITI 0.00 X 0 0 0 CHARLES W COURTOY TRUSTEE EMERITI 0.00 X 0 0 0 NATHANIEL DAVIS TRUSTEE EMERITI 0.00 X 0 0 0 ROBERT E FANNIN TRUSTEE EMERITI 0.00 X 0 0 0 MCCOY GIBBS TRUSTEE EMERITI 0.00 X 0 0 0 JAMES R GREGG TRUSTEE EMERITI 0.00 X 0 0 0 DAVID R HOCHSTETLER TRUSTEE EMERITI 0.00 X 0 0 0 WENDELL P HOLMES JR TRUSTEE EMERITI 0.00 X 0 0 0 JAMES LLOYD KNOX TRUSTEE EMERITI 0.00 X 0 0 0 MICHAEL P JOHNSON TRUSTEE EMERITI 0.00 X 0 0 0 F MICHAEL KYLE TRUSTEE EMERITI 0.00 X 0 0 0 L GALE LEMERAND TRUSTEE EMERITI 0.00 X 0 0 0 J STANLEY MARSHALL TRUSTEE EMERITI 0.00 X 0 0 0 MARY ALICE MASSEY TRUSTEE EMERITI 0.00 X 0 0 0 LA-DORIS MCCLANEY TRUSTEE EMERITI 0.00 X 0 0 0 MARGARET MCPHILLIPS TRUSTEE EMERITI 0.00 X 0 0 0 JACQULINE MONGAL TRUSTEE EMERITI 0.00 X 0 0 0 PATRICK DAVID ROBERTS TRUSTEE EMERITI 0.00 X 0 0 0 PHILIP H ROUGHTON TRUSTEE EMERITI 0.00 X 0 0 0 KATHLEEN C RYDELL TRUSTEE EMERITI 0.00 X 0 0 0 BRENDA SCHOFIELD TRUSTEE EMERITI 0.00 X 0 0 0 HILTON O SMITH TRUSTEE EMERITI 0.00 X 0 0 0 WILLIAM GILES TALLEY JR TRUSTEE EMERITI 0.00 X 0 0 0 EVELYN B WALKER TRUSTEE EMERITI 0.00 X 0 0 0 RONALD DOWDY VP ADMINISTRATIVE SERVICES & FISCAL AFFAIRS 40.00 X 101899 0 101899 DWAUN WARMACK VP-STUDENT AFFAIRS 40.00 X 101571 0 101571 FRANKLIN PATTERSON VP-CHIEF INFORMATION OFFIC 40.00 X 161772 0 161772 WILLIS WALTER VP-INSTITUTIONAL PLANNING 40.00 X 161667 0 161667 HIRAN POWELL PROVOST 40.00 X 149675 0 149675 EDISON JACKSON PRESIDENT 40.00 X 322867 0 322867 PAMELA BROWNE VP HR-REGULARTORY & LEGAL 40.00 X 155000 0 155000 FONTAINE DAVIS CHIEF OF STAFF 40.00 X 155000 0 155000 BRIAN JENKINS HEAD FOOTBALL COACH 40.00 X 281190 0 281190 LYNN THOMPSON ATHLETIC DIRECTOR 40.00 X 272179 0 272178 DONOVAN WELLS INSTRUCTOR, MUSIC/DIRECTOR 40.00 X 153292 0 153292 VANESSA BLAIR HEAD WOMEN BASKETBALL COAC 40.00 X 118000 0 118000 2134112 0 2134111 12 0 1 0 SODEXO 283 CRANES ROOST BLVD ALTAMONTE SPRINGS FL 32701 CAFETERIA SERVICES 4814488 FOLLETT HIGHER EDUCATION GROUP 2505 LOCKWOOD BLVD OVIEDO FL 32765 BOOKSTORE OUTSIDE SERVICER 1544641 GENERAL MECHANICAL CORP 418 N SEAGRAVE ST DAYTONA BEACH FL 32114 CONSTRUCTION CONTRACTOR 1260887 TDH CONSTRUCTION INC TOTAL PO BOX 530729 DEBARY FL 32713 CONSTRUCTION CONTRACTOR 577932 ICORE NETWORKS 75 REMITTANCE DRIVE CHICAGO IL 60675 NETWORKING SERVICES 519420 49 79715 7366663 4859676 25000 12306054 TUITION & FEES 611710 54252078 54252078 AUXILIARY ENTERPRISES 611710 21047111 21047111 STUDENT SERVICES 611710 332365 332365 75631554 958974 958974 9067 9067 10980 0 10980 10980 10980 2237701 0 2237701 2237701 2237701 26635 79715 109848 -83213 -83213 ROOM DEPOSIT FORFEIT 900099 473725 473725 OTHER INCOME 900099 390709 390709 RECOVERED BAD DEBT 900099 20928 20928 885362 91956479 75631554 0 4018871 16020063 16020063 4692857 2417148 2275709 26636047 22941623 3098082 596342 934694 760335 168086 6273 2379281 1839744 496796 42741 2249204 1718943 488701 41560 4393 4393 202500 202500 222487 222487 1826076 561406 1253798 10872 2645692 1736955 895525 13212 4494634 196293 4291837 6504 4194905 3515718 596109 83078 1421179 1385609 35570 4321725 3601924 719801 2270749 2270749 OTHER EXPENSES 14520753 3480293 10700386 340074 PRINTING & PUBLICATIONS 1020407 465217 484995 70195 BAD DEBTS 854155 854155 FOOD SERVICE 536148 264020 233795 38333 762872 582650 141986 38236 92210821 61694834 29228567 1287420 3551449 3562651 18710670 11306088 161022 207082 4553593 4602887 671139 1509882 125094924 52556760 73598837 72538164 46689391 53625477 752973 1762237 148689074 149114468 4866926 2923273 22370000 21615000 4932521 4281954 314778 286422 32484225 29106649 X 86565902 89224780 19296105 20350244 10342842 10432795 116204849 120007819 148689074 149114468 -254342 4057322 -10 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 75904 0 0 75904 0 46689391 432533 7076392 330052 20300 222487 53625477 41817907 477950 4775843 204752 177557 46689391 42486612 452961 -643674 232455 102212 143325 41817907 34035220 444879 8498046 149079 194432 148022 42486612 30353606 649662 3704616 341378 160993 170293 34035220 0.43000 0.55000 0.02000 0 0 6589578 6589578 103403964 43645552 59758412 13292123 8911208 4380915 1809259 1809259 72538164 EQUITY & DEBT MUTUAL FUNDS 53470806 F SHORT-TERM INVESTMENT FUNDS 154671 F 53625477 STUDENT DEPOSITS 286422 286422 X 79881099 4057322 -16020063 -11962741 91843840 222487 -109848 112639 91956479 76078119 109848 109848 75968271 222487 16020063 16242550 92210821 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A QUALIFIED TAX-EXEMPT ORGANIZATION, THE UNIVERSITY MUST OPERATE IN CONFORMITY WITH THE INTERNAL REVENUE CODE IN ORDER TO MAINTAIN ITS TAX-EXEMPT STATUS. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE UNIVERSITY FOLLOWS THE GUIDANCE CONTAINED IN ASC TOPIC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740-10-25 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. BASED UPON ITS EVALUATION, THE UNIVERSITY CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE INCLUDED IN FUNCTIONAL EXPENSES -16,020,063. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -109,848. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 109,848. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE INCLUDED IN FUNCTIONAL EXPENSES 16,020,063. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS LISTED IN ADMISSIONS PACKETS AND COLLEGE CATALOG AS WELL AS STUDENT/FACULTY HANDBOOKS. SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN NUMEROUS FEDERAL AND STATE PROGRAMS AS LISTED BELOW. THESE PROGRAMS ARE AUDITED ANNUALLY IN ACCORDANCE WITH RELATED REGULATIONS. FEDERAL PROGRAMS: U.S. DEPARTMENT OF EDUCATION CORPORATION FOR NATIONAL & COMMUNITY SERVICE (AMERICORPS) NATIONAL SCIENCE FOUNDATION U.S. DEPARTMENT OF COMMERCE STATE PROGRAMS: FLORIDA DEPARTMENT OF EDUCATION FLORIDA DEPARTMENT OF HIGHWAY SAFETY AND MOTOR VEHICLES FLORIDA DEPARTMENT OF HEALTH FLORIDA DEPARTMENT OF STATE DIVISION OF HISTORICAL RESOURCES 2013 PRESIDENTIAL AWARDS GALA 106350 79715 26635 1100 39194 10000 59554 106350 79715 26635 1100 39194 10000 59554 109848 -83213 1 SCHOLARSHIPS FOR ACADEMIC, ATHLETIC AND FINANCIAL NEED 4036 16020063 PART I, LINE 2: GRANTS AWARDED ARE PART OF AN OVERALL SCHOLARSHIP PROGRAM IN WHICH CRITERIA AND AMOUNTS AWARDED ARE RECORDED BY GRANTEE. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 FRANKLIN PATTERSON VP-CHIEF INFORMATION OFFIC 155000 0 0 0 6772 0 0 0 4483 0 166255 0 0 0 WILLIS WALTER VP-INSTITUTIONAL PLANNING 161667 0 0 0 0 0 12047 0 0 0 173714 0 0 0 HIRAN POWELL PROVOST 149675 0 0 0 0 0 11215 0 9223 0 170113 0 0 0 EDISON JACKSON PRESIDENT 256200 0 0 0 66667 0 9450 0 0 0 332317 0 0 0 PAMELA BROWNE VP HR-REGULARTORY & LEGAL 155000 0 0 0 0 0 3875 0 3051 0 161926 0 0 0 FONTAINE DAVIS CHIEF OF STAFF 155000 0 0 0 0 0 0 0 0 0 155000 0 0 0 BRIAN JENKINS HEAD FOOTBALL COACH 241020 0 40170 0 0 0 0 0 0 0 281190 0 0 0 LYNN THOMPSON ATHLETIC DIRECTOR 191296 0 66883 0 14000 0 14347 0 10688 0 297214 0 0 0 DONOVAN WELLS INSTRUCTOR, MUSIC/DIRECTOR 150000 0 0 0 3292 0 11475 0 10688 0 175455 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY RECEIVES A DISCRETIONARY SPENDING ACCOUNT, HOUSING ALLOWANCE AND CLUB DUES. ALL ARE INCLUDED IN TAXABLE COMPENSATION. A HIGHER EDUC FACILITIES FINANCING AUTHORITY 900058227 34073TCF2 2010-11-16 23825000 FINANCE CAPITAL IMPROVEMENTS 0 0 0 A 23825000 1807569 456622 3212098 2010 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND THE ASSOCIATE VICE PRESIDENT OF FINANCE BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR ALL BOARD MEMBERS ARE REQUIRED TO REAFFIRM IN WRITING THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND TO REPORT ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES COMPENSATION FOR THE PRESIDENT AND OTHER TOP MANAGEMENT BASED ON PERFORMANCE AND COMPARABLE DATA OBTAINED FROM INSTITUTIONS OF COMPARABLE SIZE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON SUNBIZ.ORG. FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST.